Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Northern Oil and Gas Inc V.NOG


Primary Symbol: NOG

Northern Oil and Gas, Inc. is a real asset company that focuses on acquiring and investing in non-operated minority working and mineral interests in the hydrocarbon producing basins within the contiguous United States. Its business is crude oil and natural gas exploration, development, and production with operations in the United States. Its 300,000-acre portfolio is distributed across the Williston, Permian and Appalachia Basins. Its portfolio comprises 300,000 acres of low-breakeven land with over 10,000 wells. Diversified by basin and across commodity type, its wells are operated by over 100 public and private operators. It engages in oil and natural gas exploration and production by participating on a proportionate basis alongside third-party interests in wells drilled and completed in spacing units that include its acreage. It acquires wellbore-only working interests in wells. It owns the Utica and Northern Delaware Basin assets. It also owns Point Assets in the Delaware Basin.


NYSE:NOG - Post by User

Comment by aurumtraderon May 06, 2016 4:40pm
117 Views
Post# 24849501

RE:RE:RE:RE:RE:RE:RE:RE:RE:Halted..

RE:RE:RE:RE:RE:RE:RE:RE:RE:Halted..That's very true Tommy. However, if I was in a position to be buying, I'd be buying assets not companies. I don't see a ton of value in the Joffre project that Nordic has comparitive to something a more developed junior would have. if Nordic sold the assets, I would expect a shareholder distribution and a wind-up or a one-time special dividend and then an exploratory project. 

Then again, I haven't really gone through the project interests, holdings and lease agreements Nordic has in a long time so maybe they do have value in those assets/holdings. 

Still no news release so still a guessing game. 

What would be nice is an offer > 10 cents per share. That would make me crack open the celebratory scotch. 
<< Previous
Bullboard Posts
Next >>